China’s growing debt a great Bitcoin ‘buying opportunity’ — Arthur Hayes
Bitcoin may strengthen its status as a hedge against monetary debasement due to China’s plans for over $1.4 trillion in new debt, raising interest among traders.
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Bitcoin.org goes offline after suffering scam attack
Bitcoin.org previously fell victim to a DDoS attack in July, with hackers demanding a Bitcoin ransom. Bitcoin.org, one of the first websites about Bitcoin (BTC), has been hacked by online scammers and down as of the time of writing. Cobra, Bitcoin.org’s anonymous curator, announced on Sept. 23 that Bitcoin.org was compromised, with hackers managing to put up…
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Protocol Labs, Chainalysis and Bittrex add to crypto layoff season
Crypto execs suggested that the "extremely challenging" times forced them to cut jobs in order to “weather this extended" crypto winter. 213 Total views 4 Total shares Own this piece of history Collect this article as an NFTSeveral crypto firms have made job cuts this week amid the ongoing crypto winter, retaining “impactful” employees as…
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Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash
Despite the sanctions on the crypto mixing service, the bad actors behind January's biggest exploit have deposited millions worth of funds into Tornado Cash. 229 Total views 8 Total shares Own this piece of history Collect this article as an NFTThe suspected actors behind the $6 million exploit of decentralized finance (DeFi) lending protocol Lendhub…
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Bitcoin Price Reclaims $9,300 as Traders Expect Increased Volatility
Since briefly tumbling below $9,000 on June 24, Bitcoin (BTC), the top-ranked digital asset on CoinMarketCap recovered today to trade in the $9,300 range again. The swift recovery occurred as traders continue to anxiously await the result of a record-breaking $1.06 billion Bitcoin options and futures contract expiry. While the digital asset remains in an uptrend,…
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India, UAE to explore CBDC bridge to facilitate trade, remittances without USD
The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand. 754 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe Reserve Bank of India (RBI) and Central Bank of the United Arab Emirates…
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Updated European tax directive requires reporting on all crypto asset transfers
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules. 297 Total views 5 Total shares The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets. This is the eighth version of the Directive on Administrative Cooperation…
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Dfinity quietly launched the ‘Internet Computer’ mainnet last month
After several years of research, development and numerous breakthroughs in cryptography and computer science, Dfinity launched the mainnet of its “Internet Computer” on Dec. 18.The Internet Computer promises to be the first blockchain computer running at web speed with unbounded capacity. It achieves this speed through something called Chain Key Technology, which splits calls to…
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‘Bullish’ — Struggling Miners Done Selling Their Bitcoin, Says Analyst
Bitcoin’s Miner Outflow Multiple shows that buoyant miners are keeping their coins and weaker players have none left to sell, argues Tuur Demeester. 1634 Total views 28 Total shares Bitcoin (BTC) miners are setting up a bullish trend despite large sell-offs around the halving, a new data metric suggests. According to Glassnode’s Miner Outflow Multiple (MOM),…